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07 November 2024 - Year XXVIII
Independent journal on economy and transport policy
02:17 GMT+1
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CENTRO INTERNAZIONALE STUDI CONTAINERSANNO XXXVIII - Numero GIUGNO 2020

GLOBAL ECONOMY

INTERNATIONAL TRADE TO FALL BY 20% IN 2020

"International trade in goods will fall by 20% in 2020 as economies struggle to recover from lockdown measures used to slow the COVID-19 outbreak, according to UNCTAD."
Data published in UNCTAD's latest Global Trade Update, its newly released quarterly report on the global economy, show that merchandise trade fell by 5% in the first quarter of the year and point to a 27% drop for the second quarter and a 20% annual decline for 2020.

"There is still a lot of uncertainty about the possibility of any economic recovery in the second half of the year," says Pamela Coke-Hamilton, UNCTAD's director of international trade.

"International trade is likely to remain below the levels observed in 2019," she adds, "but how far depends on the pandemic's evolution and the type and extent of the policies governments adopt as the try to restart their economies."

The data suggests that April was a particularly bad month for trade, with double digit declines in most regions. The worst affected was the Middle East, which saw exports fall by 40%.

The COVID-19 pandemic has caused uncertainty and congestion across the world and ports, as hubs of international trade, have been severely affected.

For most of 2020 the biggest ports in the US have seen drops in traffic, particularly the West Coast gateways that handle substantial trade from China - Los Angeles, Long Beach and Oakland.

However, there is hope that the worst effects of the pandemic are over, and even that it may push the industry into developing an electronic Bill of Lading to clear the congestion..

porttechnology.org



In the third quarter, container traffic in the port of New York grew by 16.0% percent.
New York
In the first nine months of this year, the increase was 13.8% percent.
The Ministerial Committee investigating concessions in the port of Genoa will end the work by the end of the year.
Rome
In the third quarter, Eimskip's revenues grew by 9.2% percent.
Reykjavík
Net profit down -13.9%
Merger of the Cypriot companies of ship management Intership and Interorient
Limassol
The new InterMaritime Shipmanagement will manage a fleet of more than 170 ships
The ro-ro service of DFDS between the ports of Damietta and Trieste will be inaugurated on November 29
Copenhagen
Expected a navigation time of about 68 hours
ICTSI terminalist records new record quarterly results
Manila
In the July-September period, the group's port terminals handled 3.3 million containers (+ 3.6%)
Port of Taranto, ok of the Management Committee at the Grant of the Port plate at Vestas
Taranto
The infrastructure in support of the production line of wind turbines
Further improvement of Finnlines ' quarterly financial results
Helsinki
Around the end of the year orders for three new ro-pax ships
Fincantieri-EDGE agreement for the development of solutions for the underwater needs of military navies
Abu Dhabi / Trieste / Paris
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
WSC, crucial mandate of new European commissioner for transport to ensure decarbonisation of shipping
Brussels
The shipowner association indicates some other priorities to be addressed
Federagents ready to illustrate to institutions the priorities of Italian ports
Rome
Pessina : available to our know-how to suggest the measures to be taken
Sébastien Romani is the new CEO of Forship Spa
Go Ligure
Subenters to Giuseppe Scognamiglio
Restyling of the landing area of the Cruserists in the port of Catania
Catania
In 2023 the traffic of cruises in the Sicilian stopover increased by 43.7% percent.
Resume work for the completion of the commercial docks of the Milazzo Port
Messina
The realization of 18,000 square metres of new aprons is planned.
In the third quarter, Kalmar's turnover fell by -16% percent.
Helsinki
New orders increased by 6%
Approved the 2025 forecast budget of the West Liguria AdSP
Genoa
Ok also at the annual review of the Triennale Operating Plan 2023-2025
Approved the 2025 forecast budget of the Central Adriatic System Authority of the Central Adriatic
Ancona
The first crane arrived to make Giammoro's pontile operating near Milazzo.
Messina
Will be installed by end of year
Green light to the forecast budget and the three-year plan of the work of the Eastern Liguria's AdSP
The Spezia
In the first nine months of 2024 the traffic of containers at Spezia grew by 8.1% percent. On 14 and November 15 the event "A Bridge To Africa"
Approved the forecast budget 2025 and the POT 2025-2027 of the AdSP of the Southern Tirreno and Ionian
Joy Tauro
Port of Livorno, seized a 40-pound load of cocaine
Livorno
Tracts under arrest three people
Approved the 2025 forecast budget of the AdSP of the Northern Tirreno
Livorno
Ok unanimous also at the Triennale Operating Plan 2024-2026
Rail Cargo Group activates a rail service between Belgrade and the port of Rijeka
Vienna
Two weekly rotations
HHLA reaps upward forecasts for the full financial year 2024
Hamburg
Also expected to be a slight increase in the volumes of container traffic handled by port terminals
In the third quarter, the revenues of COSCO Shipping Ports grew 11.2%
Hong Kong
In the first nine months of 2024, the increase was 5.8%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
On Friday, the public assembly of Federagents will be held in Rome.
Rome
The Federation celebrates the 75 years since its founding
Spediporto has organized a two-day trip on the Green Logistic Valley and Italy-China trade
Genoa
It is scheduled on 22 and October 23
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Approved the 2025 forecast budget of the AdSP of the Sardinia Sea
Cagliari
Also free from the three-year programme of works
Savino Del Bene has acquired the Seabridge Transport in Hamburg
Hamburg / Florence
The company was already acting as the administrative headquarters for the German operations of the Italian group.
In the third quarter, freight traffic in Albanian ports grew by 14.0% percent.
Tirana
In the first nine months of this year, the increase was 14.3%
In 2026, for the first time, MSC Cruciere ships will reach Alaska
Geneva
"MSC Poetry" will carry out weekly itineraries from Seattle
COSCO Shipping Lines orders six new container ships from 13,600 teu to Hudong-Zhonghua Shipbuilding
Shanghai
They will be taken in delivery by 2027
Wärtsilä records a robust uptickdown in quarterly turnover
Helsinki
In the July-September period, the value of new orders rose by 1% percent.
Unified concession for formal act for the Intergroup terminal in Gaeta port
Cyvitavecchia
Has a duration of 12 years
Arrive in the port of Gioia Tauro the last two of the 13 new quay cranes of the MCT
Joy Tauro
They can work on capacity container carriers up to 25mila teu
Assologistic has published a practical guide to customs reform
Milan
Illustrated and analyzed the novelties and critiques of the new legislative plant
In the third quarter, shipping containers in Spanish ports increased by 9.9% percent.
Transhipment traffic grew by 13.2% percent, the import-export trade of 6.4% percent.
USB Mare and Porti criticizes the agreement for the renewal of the contract of port workers
Rome
Signed the voluntary agreement "Ancona blue agreement"
Ancona
The aim is to reduce the impact of emissions from cruise ships, ro-ro and ferries that climb the dorsal port.
Italian Coast Guard and the Italian Academy of Mercantile Academy in support of the Maritime Administration of Ukraine
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